Five-Bedroom Beachfront Penthouse with Renovation Potential in Marbella
€2,000,000
€9,302/m²
- 5
- Bedrooms
- 3
- Bathrooms
- 215 m²
- Interior
- Penthouse
- Type
- 2 Sept 2026
- Listed
The Habio take
This five-bedroom penthouse offers a unique renovation opportunity with stunning sea views on Marbella's prestigious Golden Mile. Located directly on the beachfront, it is surrounded by the vibrant life of Marbella, with easy access to local amenities.
- beachfront
- investment
- luxury
- garden
- walkable
Highlights
- Beachfront location
- Flexible renovation options
- High rental yield potential
- Close to amenities
- Panoramic sea views
- Large terrace
Worth knowing
- Renovation required
- Street parking only
Good fit for: Ideal for investors or those looking to create a custom luxury residence.
Lifestyle scores
- Beach
- 100
- Walkable
- 95
- Remote work
- 70
- Family
- 80
- Retirement
- 80
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 70
About this place
This penthouse presents a rare architectural opportunity on Marbella's Golden Mile, boasting a prime beachfront location along the Paseo Marítimo. Spanning 215 m² internally, the property is a blank canvas that allows for incredible flexibility; it can be transformed into a magnificent ultra-luxurious family home or divided into two or three high-end apartments for lucrative holiday rentals.
With a spacious terrace of 102 m², you can enjoy panoramic views of the Mediterranean while designing to the highest modern standards. This property’s restoration potential is significant, as similar renovated units fetch record-breaking prices in the area.
Positioned in the heart of Marbella, you can enjoy total luxury with the beach just steps away, along with easy access to the Old Town, marina, and some of the finest restaurants. This location offers unbeatable demand for modern beachfront apartments, with a near-100% occupancy potential for holiday lets.
What this place offers
- terrace
- parking
- sea view
- solarium
Where you’ll be
Marbella, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
